Episode 28: The Emotional Side of Spending in Retirement

In this episode of Retire Stronger, John Foard and Bill Kearney delve into the emotional complexities surrounding spending in retirement. They discuss how retirees often struggle with spending due to ingrained habits of saving and the fear of running out of money. The conversation emphasizes the importance of balancing security and freedom, addressing feelings of guilt related to spending, and the need for intentional financial planning. Practical strategies such as the bucket approach and goal-driven planning are highlighted to help retirees manage their emotions and align their spending with their values.